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Table of Contents:
- Iron scrap rates month-wise trend
- What is the price of 1 kg iron scrap in India today?
- What is the price of iron scrap in Bangalore?
- Price of iron scrap in Mandi Gobindgarh
- What is the price of iron scrap in Mumbai?
- What is scrap rate in Hyderabad today?
- Old scrap rate today in Chennai
- Iron scrap rate today in Delhi
- Price of scrap iron in West Bengal
When it comes to initiatives on metal recycling, iron scrap plays a vital role. Put simply, iron scrap is discarded iron. With recycling it can find new life. There are different types of scrap iron – bundled scrap, heavy metal, turnings, etc. each requiring different recycling processes.
The demand for iron scrap has been stable over time with scrap iron prices ranging between ₹28 and ₹38 per kg in India. There are other grades of iron scrap and MS scrap available, their prices varying as per their quality, availability, purity and other parameters.
Let’s take a look at iron scrap rate today in top cities, understand iron scrap price trends, and what to expect in the future.
Also read: Mandi Gobindgarh rates today – Iron scrap, MS ingots, MS billets
| Scrap Type | January 2025 Price (₹/kg) | February 2025 Price (₹/kg) | March 2025 Price (₹/kg) |
| HMS 1 Scrap | 25 – 32 | 25 – 32 | 25 – 33 |
| HMS 2 Scrap | 25 – 32 | 25 – 32 | 25 – 33 |
| P&S Scrap | 25 – 32 | 25 – 32 | 25 – 33 |
| Shredded Scrap | 37 – 43 | 37 – 42 | 37 – 42 |
| Melting Scrap | 25 – 32 | 25 – 32 | 25 – 33 |
| End Scrap | 25 – 32 | 25 – 32 | 25 – 33 |
| CRC Scrap | 28 – 33 | 28 – 33 | 28 – 33 |
| Iron Scrap (Standard) | 25 – 32 | 25 – 32 | 25 – 38 |
| Iron Scrap (>95% Pure) | 33 – 37 | 33 – 37 | 33 – 38 |
| Iron Scrap (Industrial) | 38 – 45 | 38 – 44 | 38 – 44 |
| Cast Iron Scrap (Industrial) | 30 – 35 | 30 – 34 | 30 – 34 |
| Cast Iron Scrap (Foundry) | 22 – 27 | 22 – 27 | 22 – 28 |
| MS Iron Scrap (Industrial) | 28 – 33 | 28 – 33 | 28 – 32 |
| Iron Sheet Scrap | 37 – 43 | 37 – 42 | 36 – 40 |
This provides a comprehensive overview of price trends for the last three months and the current month’s rates (March 2025).
What is the price of 1 kg iron scrap in India today?
The rate of iron scrap fluctuates based on market conditions, domestic demand, availability, and the type of scrap.
On an average, price of 1kg iron scrap today is ₹28 to ₹38 based on the city and type of scrap.
The price varies greatly across cities and the purity/percentage of iron content and the type of scrap. As a buyer/seller of iron scrap, it’s recommended to understand the grade of scrap first before buying/selling.
What is the price of iron scrap in Bangalore?
In Bangalore, Karnataka, the scrap iron prices trend has been stable over the years. That is, between ₹28 to ₹32 per kg.
The price of scrap iron with high purity (~99%) however, hovers around ₹33 to ₹38 per kg, whereas the price of galvanised scrap iron can be between ₹47 to ₹52 per kg (industrial use).
| Iron scrap type | Price per kg* | Price per tonne* |
| Iron scrap (standard) | ₹25 – ₹32 per kg | ₹25,000 – ₹32,000 per tonne |
| Iron scrap (>95% pure) | ₹33 – ₹37 per kg | ₹33,000 – ₹37,000 per tonne |
| Iron scrap (industrial) | ₹38 – ₹45 per kg | ₹38,000 – ₹45,000 per tonne |
| Cast iron scrap (industrial) | ₹30 – ₹35 per kg | ₹30,000 – ₹35,000 per tonne |
| Cast iron scrap (foundry) | ₹22 – ₹27 per kg | ₹22,000 – ₹27,000 per tonne |
| MS iron scrap (industrial) | ₹28 – ₹33 per kg | ₹28,000 – ₹33,000 per tonne |
| Iron sheet scrap | ₹37 – ₹43 per kg | ₹37,000 – ₹43,000 per tonne |
*Prices are indicative and subject to change. Does not include tax, freight, packaging and other charges. Can vary based on seller, location, types. Please check with your iron scrap seller on final prices.
Also read: Daily steel prices in Bangalore
What is the price of iron scrap in Mandi Gobindgarh?
Known as the steel city of Punjab or ‘loha mandi’, Mandi Gobindgarh is a leading steel hub in India. Along with Ludhiana, it remains a popular place for procuring steel and iron especially in northern India. From cast iron scrap to MS scrap, there are different types of scrap iron that can be found here.
Old scrap (loha) rate today at Mandi Gobindgarh: ₹33 – ₹38 per kg
Cast iron scrap rate today at Mandi Gobindgarh: ₹36 – ₹42 per kg (for ~80% – 90% iron)
Also read: Mandi Gobindgarh steel ingot price today
Apart from Mandi Gobindgarh, iron scrap is also available in other cities of Punjab, namely Ludhiana, Amritsar, among others. The price of iron scrap is relatively consistent across the cities with minor variations based on demand, iron scrap purity, grade (e.g., industry/foundry grade) and other factors.
Today iron scrap (loha) rate per kg in Punjab
| City in Punjab | Iron scrap price per kg* | Iron scrap price per tonne* |
| Ludhiana | ₹33 – ₹42 per kg | ₹33,000 – ₹42,000 per tonne |
| Jalandhar | ₹36 – ₹40 per kg | ₹36,000 – ₹40,000 per tonne |
| Amritsar | ₹33 – ₹40 per kg
₹50 – ₹57 per kg (old iron scrap) |
₹33,000 – ₹40,000 per tonne
₹50,000 – ₹57,000 per tonne (old iron scrap) |
| Hoshiarpur | ₹33 – ₹44 per kg | ₹33,000 – ₹44,000 per tonne |
*Prices are indicative and subject to change. Please check with your iron scrap seller for the latest rates.
What is the price of iron scrap in Mumbai?
Though there have been minor fluctuations in rates, the scrap iron prices per kg in Mumbai has been consistent over the months. The demand for scrap iron has been steady, considering its use in several sectors including manufacturing and construction (especially in road and bridge construction). There are several reliable iron scrap distributors in Mumbai who offer different grades and types of scrap iron, with varying pricing points.
Price of scrap iron per kg in Mumbai: ₹33 – ₹38 per kg
Iron scrap rate today per kg in Mumbai
| Iron scrap type | Price per kg* | Price per tonne* |
| Iron scrap (standard) | ₹37 – ₹42 per kg | ₹37,000 – ₹42,000 per tonne |
| Iron scrap (for metal industry) | ₹33 – ₹40 per kg | ₹33,000 – ₹40,000 per tonne |
| Iron scrap (shredded) | ₹41 – ₹45 per kg | ₹41,000 – ₹45,000 per tonne |
| Cast iron scrap | ₹127 – ₹135 per kg | ₹127,000 – ₹135,000 per tonne |
| MS iron scrap (construction grade) | ₹37 – ₹42 per kg | ₹37,000 – ₹42,000 per tonne |
| MS iron scrap (sheet metal) | ₹35 – ₹39 per kg | ₹35,000 – ₹39,000 per tonne |
| Sheet iron scrap (industrial grade) | ₹40 – ₹45 per kg | ₹40,000 – ₹45,000 per tonne |
| Mild Steel MS scrap rate today | ₹35 – ₹45 per kg | ₹35,000 – ₹45,000 per tonne |
*Prices are indicative and subject to change. Please check with your iron scrap seller/distributor for the final rate card.
Also read: Steel price list in Mumbai and Pune
What is today iron scrap rate per kg in Maharashtra?
While Mumbai is one of the most popular cities in Maharashtra for procuring iron scrap, other cities like Pune, Satara, Thane, Jalna are close behind.
Today iron scrap rate per kg in Maharashtra
| City in Maharashtra | Iron scrap price per kg* | Iron scrap price per tonne* |
| Pune | ₹29 – ₹42 per kg | ₹29,000 – ₹42,000 per tonne |
| Thane | ₹33 – ₹39 per kg | ₹33,000 – ₹39,000 per tonne |
| Satara | ₹32 – ₹42 per kg
₹37 – ₹45 per kg (cast iron scrap) |
₹32,000 – ₹42,000 per tonne
₹37,000 – ₹45,000 per tonne (cast iron scrap) |
| Jalna | ₹34 – ₹44 per kg
₹60 – ₹67 per kg (iron steel scrap) |
₹34,000 – ₹44,000 per tonne
₹60,000 – ₹67,000 per tonne (iron steel scrap) |
*Prices are indicative and subject to change. Please check with your iron scrap seller for the latest rates.
What is scrap rate in Hyderabad today?
Hyderabad is the next city that is on our list for the scrap price trends in 2024. Based on the grades and purity of iron content, scrap iron prices vary vastly in the city. As a pro-tip, when procuring iron scrap, ensure you check the minimum order quantity. Some sellers offer the best rates only on minimum order quantity.
Iron and MS scrap rate today in Hyderabad, Telangana
| Iron scrap type | Price per kg* | Price per tonne* |
| Scrap iron (grey) | ₹30 – ₹35 per kg | ₹30,000 – ₹35,000 per tonne |
| Iron scrap (metal sector) | ₹28 – ₹33 per kg | ₹28,000 – ₹33,000 per tonne |
| Iron scrap (corrosion resistant) | ₹54 – ₹60 per kg | ₹54,000 – ₹60,000 per tonne |
| Cast iron scrap (rust proof) | ₹45 – ₹52 per kg | ₹45,000 – ₹52,000 per tonne |
| Cast iron scrap (foundry grade) | ₹28 – ₹32 per kg | ₹28,000 – ₹32,000 per tonne |
| Cast iron scraps (industry grade) | ₹35 – ₹39 per kg | ₹35,000 – ₹39,000 per tonne |
| MS scrap rate | ₹31 – ₹45 per kg | ₹31,000 – ₹45,000 per tonne |
*Prices are indicative and subject to change. Please check details on prices, taxes, freight and other charges with your iron scrap seller/distributor.
What is the old scrap rate today in Chennai?
Chennai, the capital city of the southern state of Tamil Nadu, has a flourishing industrial and commercial outlook. Its robust economy is built around multiple thriving sectors including automobile, software services, manufacturing, textiles and more. Not surprisingly, the demand for iron and steel has been a constant in the city with visible signs of steady progress.
Let’s take a look at iron scrap rate in Chennai.
Iron scrap rate per kg in Chennai
| Iron scrap type | Price per kg* | Price per tonne* |
| Iron scrap (Colour- Dark grey) | ₹30 – ₹35 per kg | ₹30,000 – ₹35,000 per tonne |
| Iron scrap (heavy metals) | ₹27 – ₹32 per kg | ₹27,000 – ₹32,000 per tonne |
| Iron scrap (for metal industry) | ₹36 – ₹48 per kg | ₹36,000 – ₹48,000 per tonne |
| Fine iron scrap (slag type) | ₹30 – ₹35 per kg | ₹32,000 – ₹35,000 per tonne |
| MS iron scrap (industrial grade) | ₹32 – ₹38 per kg | ₹32,000 – ₹38,000 per tonne |
| Scrap iron sheet | ₹40 – ₹44 per kg | ₹40,000 – ₹44,000 per tonne |
| Brown iron scrap | ₹30 – ₹34 per kg | ₹30,000 – ₹34,000 per tonne |
*Prices are indicative and subject to change. Please check details with your iron scrap seller for final prices and taxes, freight and other charges.
Also read: Daily steel price per kg in Chennai
What is iron scrap rate today in Delhi?
Delhi is often considered the largest commercial centre in northern India. Strategically located, its proximity to other business and industrial centres, namely – NCR, Ghaziabad, Noida, and Gurgaon – adds to its growing economy.
From construction and real estate, to logistics, infrastructure development, tourism, agri and processed food, the demand for steel, iron scrap, MS scrap and other metals has been promising over the years. We take a look at the prices of ‘raddi’ or scrap in Delhi/NCR.
Price of iron scrap in Delhi/NCR
| Iron scrap type | Price per kg* | Price per tonne* |
| Iron scrap (ferrous) | ₹37 – ₹45 per kg | ₹37,000 – ₹45,000 per tonne |
| Iron scrap (for foundry) | ₹25 – ₹32 per kg | ₹27,000 – ₹32,000 per tonne |
| Old scrap iron | ₹36 – ₹42 per kg | ₹36,000 – ₹42,000 per tonne |
| Iron scrap (for metal sector) – galvanised | ₹33 – ₹42 per kg | ₹33,000 – ₹42,000 per tonne |
| Iron scrap (drum) sheets | ₹40 – ₹55 per kg | ₹40,000 – ₹55,000 per tonne |
| Iron scrap (angles) | ₹27 – ₹33 per kg | ₹27,000 – ₹33,000 per tonne |
| Iron scrap (recyclable) | ₹28 – ₹34 per kg | ₹28,000 – ₹34,000 per tonne |
*Prices are indicative and subject to change. Consult with your iron scrap seller for final prices, quality and other factors before purchase.
Also read: Check latest steel prices per kg in Delhi
What is the price of scrap iron in West Bengal?
Kolkata, Hooghly, Howrah, Durgapur, Haldia, Asansol are some of the popular cities/towns/districts in West Bengal with prosperous commercial and industrial activities. Steel production, manufacturing, engineering, logistics, ship building – these are some of the sectors in the state makes the demand for steel and iron steady.
Scrap iron price in Durgapur
| Iron scrap type | Price per kg* | Price per tonne* |
| Iron scrap (for metal industry) | ₹38 – ₹45 per kg | ₹38,000 – ₹45,000 per tonne |
| MS scrap (industrial) | ₹37 – ₹42 per kg | ₹37,000 – ₹42,000 per tonne |
| Iron sheet scrap | ₹60 – ₹65 per kg | ₹60,000 – ₹65,000 per tonne |
| Cast iron burada | ₹42 – ₹48 per kg | ₹42,000 – ₹48,000 per tonne |
| Brown iron scrap | ₹30 – ₹35 per kg | ₹30,000 – ₹35,000 per tonne |
*Prices are indicative and subject to change. Consult with your iron scrap seller for final prices, quality and other factors before purchase.
In general, today iron scrap rate per kg can start from ₹25 per kg and go up to ₹42 per kg based on the grade/purity of iron scrap. There are more expensive grades priced between ₹45 per kg and ₹60 per kg depending on the quality of the alloy.
It’s recommended to buy scrap based on the project needs and not settle for the most affordable option. When buying iron scrap, check for:
- Scrap type and source (e.g., sheets)
- Purity of iron (e.g., 80% or 90%)
- Availability
- Minimum order quantity
- Other features (e.g., recyclable)
Sohini is a seasoned content writer with 12 years’ experience in developing marketing and business content across multiple formats. At Tata nexarc, she leverages her skills in crafting curated content on the Indian MSME sector, steel procurement, and logistics. In her personal time, she enjoys reading fiction and being up-to-date on trends in digital marketing and the Indian business ecosystem.
Interesting to see the relative stability of prices across certain cities like Bangalore and Mumbai, while others show slight variations. I am in Hyderabad, what are the price range Hyderabad?
Prices vary based on multiple factors and to get the real-time discounted price, please get in touch at +91 626 955 5606 or fill out the form above, and our representative will call you back with details.
Any ms/ iron/ metal Scraps buyers/ recyclers/ industries in siliguri or West bengal side?
Please contact me.
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Are there backup plans for getting scrap metal if our usual supplier runs out or their price gets too high?
Yes we have a good network of suppliers who can help you in procuring the scrap metal at best prices. Give us a miss call on +91 626 955 5606 and our representative will be touch with you.
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Can Tata nexarc help me source scrap iron from local suppliers in Chennai or is it primarily focused on national-level procurement?
Tata nexarc primarily facilitates national-level procurement. However, their blog (https://blog.tatanexarc.com/da/iron-scrap-rate-today/) provides daily price trends for scrap iron in major cities like Chennai. Check that out
It would be great if you could list the prices of more states and where to procure high purity scrap steel in those states. Asking for a metal fabrication business in Patna.
That is a good idea, we will surely consider. Meanwhile, please submit your requirements here – https://www.tatanexarc.com/buy/inquiry-form/ One of our representatives will be in touch with you.
Please contact me on 9839035760
why in pune the scrap prices show 39000/- max but when i try to sell it is 36.26kg only. i have a forging industry and have lot of iron end pcs,flash and rejection
What type of scrap do you generate? We can buy the same if you can give me material composition.
With global supply chains still recovering and demand for raw materials rising, it’s no surprise that iron scrap prices continue to be volatile. In Ghaziabad loha mandi, it is really volatile as suppliers demanding anything nowadays.
Ductile Iron Scrap Rate today
Hi Vinod, you can get quotes from multiple suppliers on Tatanexarc.com but you will have to sign up and add your requirement we are not sure about the details like your location, logistic cost etc…
Here is the link to provide details – https://www.tatanexarc.com/buy/inquiry-form/